During 2014 Sedgewick Inc

Multiple Choice

During 2014 Sedgewick Inc. had sales on account of $264,000, cash sales of $108,000, and collections on account of $168,000. In addition, they collected $2,900 which had been written off as uncollectible in 2013. As a result of these transactions the change in the accounts receivable balance indicates a

A) $201,100 increase.
B) $ 96,000 increase.
C) $ 93,100 increase.
D) $204,000 increase.